KCCI has demanded the govt. to let the private sector foray into distribution of electricity to overcome the energy crisis and urged Nepra to withdraw the exclusive rights of power generation, sales and distribution granted to K-Electric in Jul’03. President KCCI Agha Shahab, has said that the exclusivity granted to a single company to undertake sale and distribution of electric power is tantamount to creation of monopoly on a vital source of energy because of which cost of electricity for industrial, commercial and residential consumers has sharply increased and the cost of production for industries has gone extremely high leading to the chronic problem of circular debt. KCCI also expressed the intention to become a party to the proceedings of suo moto case in the Supreme Court on load shedding and electrocution in the city. KCCI President said that at least 3 to 4 companies should be issued licenses for distribution and sale of electric power instead of just one, in order to ensure a competitive pricing, quality of service and maintenance of infrastructure.
9/9/2020